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Carrefour Becomes Brazil's Largest Retailer In 2016

March 29, 2017: 12:00 AM EST
Carrefour reported sales in Brazil reached BRL 49.1 billion, or €14.4 billion, in 2016, making it the top retailer in the country. Data from the Brazilian Association of Supermarkets showed Carrefour surpassed the BRL 44.9 billion, or €13.2 billion, GPA had in 2016. Walmart Brazil was at third place with BRL 29.4 billion, or €8.67 billion.
"Carrefour Surpasses GPA as Top Grocery Retailer in Brazil", European Supermarket Magazine, March 29, 2017, © European Supermarket Magazine
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